Chinese firms lose credibility over security issues

Washington [US], August 27 (ANI): Chinese tech companies are facing a crisis of credibility in the US, UK and EU as there are suspicions over the potential of these firms to cause security threats with both their design and intent.

Recently, heads of the Federal Bureau of Investigation (FBI) and Britain’s MI5issued warnings for the first time about the threat posed by Chinese government espionage operations, reported Asian Lite International.

FBI Director Christopher A Wray warned, “The Chinese government will steal your technology, whatever gets your industry moving, and use it to undermine your business and dominate your market”. In their speeches while sharing platforms the heads of the FBI and MI5 accused the Chinese government of engaging in a “coordinated campaign” to gain access to critical technology, and to “cheat and steal on a large scale.” They underlined that the…



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